GLOBALIZATION AND HUMAN DEVELOPMENT

Question 1

the process of interaction and integration among people, companies, and governments worldwide

Answer 1

Globalization

Question 2

The process by which businesses or other organizations develop international influence or start operating on an international scale

Answer 2

Globalization

Question 3

concept of development that has to do with creation and improvement of living conditions where people get they need for good

Answer 3

Human Development

Question 4

improvement of living conditions where people can

Answer 4

• develop their full potential
• have a long and healthy life
• have access to the appropriate education system
• develop their potential to the most comprehensive
• be productive to have the opportunity to live according to their needs and interest

Question 5

worsens income inequality. It has made the rich more productive while making the poor poorer

Answer 5

Globalization

Question 6

There is a strong relationship between globalization and human development. True or false?

Answer 6

True

Question 7

Globalization involves what?

Answer 7

Economy, Data, Goods and Services, and Technology

Question 8

Factors in Globalization

Answer 8

a. Removal of cross-border trade barriers
b. Advances in transportation and communication technology
c. The rise of the Internet and mobile phones

Question 9

How could barriers be factors in globalization?

Answer 9

delivery takes too long, shipping cost are too high, don’t have enough trust in online retailers

Question 10

How could transportation and communication be a factor in globalization?

Answer 10

Transportation: use of various courier, cargo, aviation. Communication technology: smartphones/devices, internet applications

Question 11

How could the rise of the Internet and mobile phones be a factor in globalization?

Answer 11

Use of mobile apps and social media platforms in marketing, online selling, monitoring of products, etc.

Question 12

Aspects of Globalization

Answer 12

Trade and Transactions, Capital and Investment, Migration and Movement of People, and Dissemination of Knowledge

Question 13

share of primary commodities in world exports—such as food and raw materials—that are often produced by the poorest countries.

Answer 13

Trade and Transactions

Question 14

Foreign investments, and bank credits (due to financial crises).

Answer 14

Capital and Investment

Question 15

Workers move from one country to another partly to find better employment opportunities.

Answer 15

Migration and Movement of People

Question 16

Information exchange through collaborations and networking. Foreign investment that
brings technical innovation

Answer 16

Dissemination of Knowledge

Question 17

When did globalization begin?

Answer 17

60,000 years ago

Question 18

How did globalization begin?

Answer 18

a. Human societies exchanging trades
b. Different civilizations have developed commercial trade routes and experienced cultural exchanges
c. through military conquests and exploration expeditions
d. technological advances in transportation and communication.

Question 19

Areas of Globalization

Answer 19

Economic globalization, Cultural globalization, Political globalization, Sociological globalization, and Technological globalization

Question 20

Development of trade systems within transnational actors such as corporations or NGOs.

Answer 20

Economic globalization

Question 21

Interpenetration of cultures which, as a consequence, means nations adopt principles, beliefs, and costumes of other nations, losing their unique culture to a unique, globalized supra-culture

Answer 21

Cultural globalization

Question 22

The growing influence of international organizations (e.g. U.N.)

Answer 22

Political globalization

Question 23

People move all the time too, mixing and integrating different societies.

Answer 23

Sociological globalization

Question 24

Millions of people are interconnected thanks to the power of the digital world via platforms such as Facebook, Instagram, Skype or YouTube.

Answer 24

Technological globalization

Question 25

no longer a barrier through Internet

Answer 25

Distance

Question 26

Negative effects of globalization

Answer 26

• Global warming & Climate change
• Cross boundary water
• Overfishing of the ocean
• Air Pollution

Question 27

when did the world trades accelerated in such a dimension and speed that the term “globalization” started to be commonly used?

Answer 27

after the second half of the 20th century

Question 28

How did the society benefitted from globalization?

Answer 28

free trade, more jobs, makes companies more competitive, and lowers prices for consumers.